The new data revealed that of the items inspected by Allianz Engineering, Construction & Power, most likely to have a defect that may present a risk to safety are:
- Escalators & Moving Walkways (16%)
- Passenger / Goods Lifts (15%)
- Fork Lift Trucks (7%) / Telescopic Handlers (7%)
While it is encouraging that the overall number of defects being identified in plant and equipment that require immediate rectification remains below 2% this figure still represents over 50,000 items.
Allianz Engineering Construction & Power says the importance of inspections cannot be ignored and must be raised with customers.
Glyn Amphlett, chief engineer for Allianz Engineering, Construction & Power, commented: "Our inspections data demonstrates that there are certain everyday items, such as escalators and passenger lifts which are used daily by the public, where we still are seeing a high percentage of serious defects.
"Just one of these defects could lead to a serious injury or even loss of life for those using the equipment. There is also the potential of major financial or reputational repercussions for the business involved."
Glyn added: "Brokers can help their clients by stressing the importance of regular maintenance and inspection regimes to help minimise the risk of accidents."
1. Data was gathered by Allianz Engineering, Construction & Power in 2018, from inspections carried out every 6 -12 months. Escalators, Moving Walks and Lift inspections are carried at 6 month periodicity. Forklift Trucks and Telescopic handlers are inspected either annually or every six months depending on their use.
The information contained in this press release relates to Allianz Insurance plc. Allianz Insurance plc is one of the largest general insurers in the UK and part of the Allianz Group.
About Allianz Holdings plc
Allianz Holdings plc is the non-regulated holding company which owns the principal insurance operations of Allianz SE in Great Britain.
The Allianz Group is one of the world's leading insurers and asset managers with more than 100 million* private and corporate customers in more than 70 countries. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing 790 billion euros on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage 1.7 trillion euros of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we are amongst the leaders in the insurance industry in the Dow Jones Sustainability Index. In 2021, over 150,000 employees achieved total revenues of 148.5 billion euros and an operating profit of 13.4 billion euros for the group.
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